More Questions on Indian Economy
- Q. Gilt-edged market means
A)market of government securities
B)market of guns
C)bullion market
D)market of pure metals
Answer: market of government securities
- Q. What was the central theme of the Chipko Movement started by Sunderlal Bahuguna in 1973?
A)Conservation of river water
B)Conservation of Forests
C)Protection of birds
D)Protection of cheetals
Answer: Conservation of Forests
- Q. National expenditure includes
A)investment expenditure
B)government expenditure
C)consumption expenditure
D)All of the above
Answer: All of the above
- Q. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
A)500 rupee
B)100 rupee
C)1000 rupee
D)All of the above
Answer: All of the above
- Q. Who gave the call for Evergreen Revolution?
A)Verghese Kurien
B)M. S. Swaminathan
C)Tribhuvandas Patel
D)H. M. Dalaya
Answer: M. S. Swaminathan
- Q. The number of finance commissions set up upto now is:
A)14
B)13
C)15
D)16
Answer: 15
- Q. The first multi–purpose river valley project of independent India is:
A)Damodar
B)Bhakra-Nangal
C)Hirakud
D)Nagarjunasagar
Answer: Damodar
- Q. The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called
A)Statutory Liquid Ratio (SLR)
B)Statutory Bank Ratio (SBR)
C)Central Bank Reserve (CBR)
D)Central Liquid Reserve (CLR)
Answer: Statutory Liquid Ratio (SLR)
- Q. Gross domestic capital formation is defined as
A)expenditure incurred on physical assets only
B)production exceeding demand
C)flow of expenditure devoted to increased or maintaining of the capital stock
D)net addition to stock after depreciation
Answer: net addition to stock after depreciation
- Q. The concept of zero-based budgeting was given by:
A)Peter drucker
B)Jagdish bhagwati
C)Peter A. Payer.
D)None of these
Answer: Peter A. Payer.
- Q. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
A)1986
B)1982
C)2006
D)1975
Answer: 1975
- Q. Excess of Total Expenditure over total Receipts is :
A)Surplus Budget
B)Deficit Budget
C)Balanced Budget
D)None of the above
Answer: Deficit Budget
- Q. Revenue of the state governments are raised from the following sources, except
A)expenditure tax
B)entertainment tax
C)agricultural income tax
D)land revenue
Answer: agricultural income tax
- Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
A)1998
B)1997
C)1999
D)2000
Answer: 1999
- Q. Short-term finance is usually for a period ranging up to
A)10 months
B)12 months
C)5 months
D)15 months
Answer: 12 months
- Q. India’s share in textiles trade of the world is:
A)6%
B)8%
C)4%
D)10%
Answer: 6%
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Maharashtra
C)Rajasthan
D)Andhra Pradesh
Answer: Maharashtra
- Q. Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?
A)NITI Ayog
B)The Comptroller General of Accounts
C)RBI
D)None of these
Answer: The Comptroller General of Accounts
- Q. How many banks were nationalized in 1969?
A)14
B)16
C)15
D)20
Answer: 14
- Q. In India, which one among the following formulates the fiscal policy?
A)Ministry of Finance
B)Planning Commission
C)Finance Commission
D)The Reserve Bank of India
Answer: Ministry of Finance
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